In the 10 days since, US regulators have put out more crypto policy than Congress managed in two years. How crypto moves …
regulators
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Scams
How Crypto Stopped Waiting for Congress and Learned to Love the Regulators
by shayaanby shayaanIn brief The Senate’s failure to advance the Clarity Act shifted crypto rulemaking from Congress to regulators, likely for the foreseeable future. …
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Regulation
CLARITY Act stalls as US crypto regulators write rules without Congress
by shayaanby shayaanThe Senate stopped short of debating a federal crypto market structure bill. A week later, the CFTC chair was still laying out …
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Four U.S. financial regulators have proposed new third-party risk guidelines that would let banks and credit unions tailor oversight to each outside …
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Regulation
U.S. Banking Regulators Move to Curb ‘Operation Choke Point 2.0’ with New Rules on ‘Unsafe or Unsound’ Practices
by shayaanby shayaanU.S. banking regulators are taking steps to narrow the definition of ‘unsafe or unsound practices’ in bank supervision, a move that could …
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Regulation
The GENIUS Act missed its statutory deadline and regulators are writing the rules anyway
by shayaanby shayaanCongress gave agencies one year to write stablecoin rules. They missed it by four months and counting. The OCC expects a final …
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Banks and financial regulators from Europe, the Middle East and Asia joined a cross regional pilot testing post quantum security for digital …
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The UK’s Financial Conduct Authority (FCA) has reportedly held talks with banks and other industry participants over potential rules for tokenized gold. …
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In brief AUSTRAC suspended Cryptolink’s VASP registration for three months from August 9, shutting its 96 crypto ATMs. The trigger was missed …
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Regulation
US Broker-Dealer Receives Heaviest-Ever Penalty as Regulators Fine UBS $125 Million for Anti-Money Laundering Shortfalls
by shayaanby shayaanUS financial regulators have delivered the largest civil penalty ever assessed against a broker-dealer for anti-money laundering rule breaches. The U.S. ?Department …